Carbon Price
Polluters pay depending on how much they contribute to climate change, encouraging them to reduce how much fossil fuel they burn and to make cleaner decisions.
Climate Income
The money is then returned in equal shares to the population so that families do not suffer due to cost increases. Governments do not keep the money from the carbon tax.
Border Adjustment
To persuade other countries to do the same, international trade is balanced. This protects jobs and industry from loopholes or ‘carbon leaks’.
